EPR Properties (NYSE:EPR) Stock Price Expected to Rise, Truist Financial Analyst Says

EPR Properties (NYSE:EPR) had its price target lifted by analysts at Truist Financial from $46.00 to $51.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price objective would suggest a potential downside of 2.31% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Royal Bank of Canada upped their price target on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Wells Fargo & Company upped their price target on EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a report on Monday, March 10th. Finally, Stifel Nicolaus upped their price target on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $50.75.

EPR Properties Stock Up 0.5 %

Shares of EPR stock traded up $0.26 during trading hours on Tuesday, reaching $52.20. 27,853 shares of the stock were exchanged, compared to its average volume of 699,629. The business’s fifty day moving average is $48.67 and its two-hundred day moving average is $47.15. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. EPR Properties has a 12-month low of $39.65 and a 12-month high of $54.25. The firm has a market capitalization of $3.97 billion, a P/E ratio of 22.60 and a beta of 1.72.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.56. The firm had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. As a group, research analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now directly owns 8,216 shares of the company’s stock, valued at $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.13% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

Hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. lifted its holdings in shares of EPR Properties by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock worth $66,199,000 after purchasing an additional 54,567 shares during the period. Algert Global LLC raised its position in EPR Properties by 58.6% in the third quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust’s stock worth $6,896,000 after acquiring an additional 51,980 shares in the last quarter. Empowered Funds LLC purchased a new position in EPR Properties in the fourth quarter worth $352,000. JPMorgan Chase & Co. raised its position in EPR Properties by 35.7% in the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock worth $33,010,000 after acquiring an additional 177,061 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in EPR Properties by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock worth $608,000 after acquiring an additional 249 shares in the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.